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10 Apr 2025

Chinese sellers on Amazon to hike prices or exit the US on Trump’s tariff blow - Association head

Wang Xin, the head of the Shenzhen Cross-Border E-Commerce Association, which represents more than 3,000 Amazon sellers, told Reuters on Thursday that Chinese companies that sell products on Amazon are considering hiking prices for the United States (US) or looking to find new markets due to a big blow from US President Donald Trump's tariffs.

Key quotes

  • Tariffs make it very hard to survive in the US market.
  • Some sellers still proceeding to ship the goods to the US, others trying to find new markets.
  • US tariffs will lead to 'collapse' of more small and medium-sized businesses, rapidly accelerate China's unemployment rate.
  • US tariffs are truly an 'unprecedented blow'.
Apr 10, 2025

NZ FinMin Willis: RBNZ has ample room to lower interest rates if needed

New Zealand (NZ) Finance Minister Nicola Willis said on Thursday that the Reserve Bank of New Zealand (RBNZ) has ample room to lower interest rates if needed.
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Apr 10, 2025

Netherlands, The Manufacturing Output (MoM) rose from previous 1% to 1.2% in February

Netherlands, The Manufacturing Output (MoM) rose from previous 1% to 1.2% in February
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